Finance

IFC invests US$100mn to bolster Egyptian economy

IFC and megIFC, a member of the World Bank Group, has announced to provide up to US$100mn to the Middle East Glass Manufacturing Company (MEG), aiming to support the firm’s capital expenditure programme and boost Egypt’s manufacturing sector

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Siemens launches data visualisation project in Accra

FABRIC EdmundSiemens has launched a data visualisation project called FABRIC at the German Africa Business Summit in Accra, demonstrating how crucial data is in transforming Africa’s urban centres into smart cities of the future

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Fostering quality and business excellence in Egypt and Africa

foster dqgDubai Quality Group (DQG) has signed an MoU agreement with International Technology and Intelligent Consultancy Solutions (ITICS), aiming to strengthen the quality, business excellence, innovation and technology in Egypt and Africa

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Nigeria’s Jiji buys OLX in Kenya, Ghana, Uganda and Tanzania

holiday shopping 1921658 640Jiji, an online classified marketplace, has acquired OLX in Nigeria, Ghana, Kenya, Tanzania, and Uganda

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EIB to support Africa’s growth capital investments

Africa risk cThe European Investment Bank (EIB) has signed a US$15mn deal with the SPE Africa Industrialization I Fund (AIF I)

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